Jack Dorsey’s Block Rockets 10%—Here’s Why the S&P 500 Addition Could Be Your Next Big Play
Fintech firm Block will be added to the S&P 500 on July 23, marking a milestone in its evolution from payments startup to index heavyweight.
Key Takeaways
- S&P Dow Jones Indices announced Block will join the S&P 500, replacing Hess Corp on July 23.
- Block shares jumped over 10% in extended trading following the news, reflecting investor confidence in its long-term fundamentals.
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